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Gold prices react to US Fed rate cut
Gold prices near record, set for weekly gains on Fed rate-cut boost
Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent oversized interest rate reduction and on signs that further cuts were on the horizon.
Gold Rises to Record After Fed Makes First Rate Cut Since 2020
Gold pulled back from a record high after Federal Reserve Chairman Jerome Powell signaled policymakers aren’t in a rush to aggressively lower interest rates following Wednesday’s half percentage point cut by the US central bank.
Gold (XAU) Daily Forecast: Bullish Momentum Targets $2,600 Amid Fed Rate Cuts
Gold (XAU) edges toward $2,600 as Fed rate cuts pressure the US Dollar, boosting investor interest in safe-haven assets. Can this bullish trend hold?
InvestmentNews
1h
Bubble risk in equities, buy bonds and gold says BofA
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making ...
Bloomberg L.P.
5d
Gold Climbs to Another Record With Fed Rate Cut Expected in Days
Bullion climbed as much as 0.5% to a high of $2,589.70 an ounce, extending last week’s 3.2% gain, ahead of the
Fed
’s Sept. 17-18 meeting that’s widely expected to result in a
rate
cut of at least ...
1d
Gold Price Outlook: How Fed's 50 Bps Rate Cut Will Drive 22K, 24K, 18K Yellow Metal In Coming Days?
In light of the progress on inflation and the balance of risks, the Fed decided to lower the target range for the federal ...
19h
Harris is quickly gaining on Trump when it comes to the economy. Here’s why
While voters trusted Trump over Biden on the economy, a new poll finds Harris has closed the gap—and undecided voters prefer ...
1d
Trump-supporting hedge fund billionaire says he'll pull his money out of the market if Harris wins the election
Trump fundraiser John Paulson told Fox Business that he'll sell stocks, move to cash, and buy gold if Kamala Harris' ...
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